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T-Mobile US TMUS Contract Liabilities

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Other financials

Income statement

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Revenue$22.8B+7.9%
Operating income$5.5B+5.3%
Net income$3.2B+0.5%
EPS (diluted)$2.99+5.3%

Balance sheet

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Cash & equivalents$3.2B-70.0%
Total debt$37.5B-0.7%
Total equity$56.3B-7.9%
Total assets$213.55B+0.4%

Cash flow

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Operating cash flow$7.5B+7.3%
CapEx$2.7B+12.8%
Free cash flow$4.8B+4.4%

Valuation

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Market cap$190.07B-32.1%
Enterprise value$224.37B-27.0%
P/E18×-4.9×
P/S2.1×-1.3×

Profitability

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Gross margin72%
Operating margin19.8%-3.3pp
Net margin11.5%-3.1pp
FCF margin20%+0.3pp

Returns & leverage

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Return on equity18%-1.7pp
Debt / equity0.7×0.0×
Current ratio0.9×-0.3×

Where this comes from

Reported directly by T-Mobile US in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: T-Mobile US’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 6:32 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001283699-26-000101
(in millions)Contract AssetsContract Liabilities
Balance as of December 31, 2025$1,307$1,653
Balance as of June 30, 20261,2831,511
Change$(24)$(142)

Item 1. Financial Statements

FAQ

What is T-Mobile US's contract liabilities?
T-Mobile US (TMUS) reported contract liabilities of $1.51B in Q2 2026.
How has T-Mobile US's contract liabilities changed year-over-year?
T-Mobile US's contract liabilities increased by 24.3% year-over-year, from $1.22B to $1.51B.
What is the long-term trend for T-Mobile US's contract liabilities?
Over 5 years (2020 to 2025), T-Mobile US's contract liabilities has grown at a 14.9% compound annual growth rate (CAGR), from $824M to $1.65B.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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